Empirical Economic Bulletin, An Undergraduate Journal


This paper investigates the effects short-term rentals have on the price of newly built homes. The study uses data from the Manufactured Housing Survey Public File to perform an empirical analysis of whether the Rental Vacancy Rate effects the price of newly built homes. We find that the Rental Vacancy Rate does have a significant effect (p < .01), which parallels some past research. This may have implications for regulation of short-term rentals.